You are making this too easy:
Great pic, I think matrix exactly described the reality here, eventually everyone will wake up from their fiat money slavery dream
Topic: Do you plan to get out of bitcoin? - page 4. (Read 5725 times)
Great pic, I think matrix exactly described the reality here, eventually everyone will wake up from their fiat money slavery dream
Getting out of fiat money scam over a 10 years period 
...
when people lose hope you know it's the time to buy...
when people lose hope you know it's the time to buy...
That's the theory. In practice it takes a long time (could be months) between most people losing hope and reaching THE bottom.
You mean 275?
Bingo.
I voted no , because :
no
Get out of Bitcoin into what?
The only reason for me would be to get out of fiat debt. On the other hand: if Bitcoin makes it big, current fiat debt at then current values may not be a big burden at all.
Get out of Bitcoin into what?
Are merchants starting to accept gold online or something?
Are merchants starting to accept gold online or something?
You are making this too easy:
Permabull detected... if it goes down to $100 then we are probably fucked
Bitcoin will live (and rise to the moon), or fall into oblivion with merchant adoption.
You couldn't be more wrong.
How's gold merchant adoption doing?
It did well during about 5000 years. Now it is only a store of value, based upon that historical record and the trust it engenders.
I even sold other peoples bitcoin 
Being honest, for me it depends how low or high the prices go. I bet plenty of people would dump if bitcoin went down to $100, conversely I bet plenty of people would buy if bitcoin had a slow steady rise to $5000. Nevertheless there will always be people who find it less nerve wracking to just hold and not worry about the price.
Permabull detected... if it goes down to $100 then we are probably fucked
I don't see why, honestly. Merchant adoption doesn't care much about the actual price (usually converted from the actual exchange rate). I would think that the actual fundamental of bitcoin in merchant adoption is probably less than $100.- at the moment. But that doesn't stop adoption as a means of payment.
It could be that merchant adoption doesn't work out. And then, *in any case* bitcoin is over in the long run. Nobody's gonna hold coins with which you can't buy anything ever. And most hodlers do so with speculative hopes of "the moon", not as a "stable" store of value without much hope of just getting out what they put in. The real share of the gold market is also small for the moment.
Bitcoin will live (and rise to the moon), or fall into oblivion with merchant adoption.
You couldn't be more wrong.
How's gold merchant adoption doing?
Permabull detected... if it goes down to $100 then we are probably fucked
I don't see why, honestly. Merchant adoption doesn't care much about the actual price (usually converted from the actual exchange rate). I would think that the actual fundamental of bitcoin in merchant adoption is probably less than $100.- at the moment. But that doesn't stop adoption as a means of payment.
It could be that merchant adoption doesn't work out. And then, *in any case* bitcoin is over in the long run. Nobody's gonna hold coins with which you can't buy anything ever. And most hodlers do so with speculative hopes of "the moon", not as a "stable" store of value without much hope of just getting out what they put in. The real share of the gold market is also small for the moment.
Bitcoin will live (and rise to the moon), or fall into oblivion with merchant adoption.
I am a delusional crypto-anarchist.
I will never sell.
I will never sell.
I already posted this link in the wall observer thread, but nobody cared about the gist of it.
70% of the November 2013 bagholders' coins (mostly in China) are still waiting, could be dumped when owners lose hope.
http://www.coindesk.com/analysis-around-70-bitcoins-dormant-least-six-months/
70% of the November 2013 bagholders' coins (mostly in China) are still waiting, could be dumped when owners lose hope.
http://www.coindesk.com/analysis-around-70-bitcoins-dormant-least-six-months/
when people lose hope you know it's the time to buy. I'll happily buy bitcoins at below $100 from the bag holders. Then I'll sell the same bitcoins for the same bagholders when 1BTC is $10,000
You're an idiot if you think bitcoin would recover from a crash to below $100 all the way up to $10K. If it would recover at all.
it will recover even if it crashes to $10 because I can see the potential the bitcoin protocol has. It seems that you can't see the true value of bitcoin.
Below 100 allowing you to buy in cheap then to the moon right? Hilarious that fail to see value here (at the market price) yet in the same breath think it is revolutionary.
I already posted this link in the wall observer thread, but nobody cared about the gist of it.
70% of the November 2013 bagholders' coins (mostly in China) are still waiting, could be dumped when owners lose hope.
http://www.coindesk.com/analysis-around-70-bitcoins-dormant-least-six-months/
70% of the November 2013 bagholders' coins (mostly in China) are still waiting, could be dumped when owners lose hope.
http://www.coindesk.com/analysis-around-70-bitcoins-dormant-least-six-months/
when people lose hope you know it's the time to buy. I'll happily buy bitcoins at below $100 from the bag holders. Then I'll sell the same bitcoins for the same bagholders when 1BTC is $10,000
You're an idiot if you think bitcoin would recover from a crash to below $100 all the way up to $10K. If it would recover at all.
it will recover even if it crashes to $10 because I can see the potential the bitcoin protocol has. It seems that you can't see the true value of bitcoin.
...
when people lose hope you know it's the time to buy...
when people lose hope you know it's the time to buy...
That's the theory. In practice it takes a long time (could be months) between most people losing hope and reaching THE bottom.
You mean 275?
Thought about it a lot of times last month ended up making a paper wallet so nope i will suck up the price fluctuation for now. 
...
when people lose hope you know it's the time to buy...
when people lose hope you know it's the time to buy...
That's the theory. In practice it takes a long time (could be months) between most people losing hope and reaching THE bottom.
I already posted this link in the wall observer thread, but nobody cared about the gist of it.
70% of the November 2013 bagholders' coins (mostly in China) are still waiting, could be dumped when owners lose hope.
http://www.coindesk.com/analysis-around-70-bitcoins-dormant-least-six-months/
70% of the November 2013 bagholders' coins (mostly in China) are still waiting, could be dumped when owners lose hope.
http://www.coindesk.com/analysis-around-70-bitcoins-dormant-least-six-months/
when people lose hope you know it's the time to buy. I'll happily buy bitcoins at below $100 from the bag holders. Then I'll sell the same bitcoins for the same bagholders when 1BTC is $10,000
Permabull detected... if it goes down to $100 then we are probably fucked
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